Kallanish Index Services’ Post

This week, gold is on track for a lower weekly close following the Trump administration’s clarification that bullion will not face tariffs, easing market jitters after an FT report last Thursday had spooked investors. Losses in the yellow metal was further exacerbated by a rebound in the dollar, following a stronger-than-expected US July PPI report which added to views that price pressures may rise as Trump’s tariff impact begins to materialize, spurring a retreat in Fed rate cut expectations. Click on the banner below to find out how this week’s trade developments have affected gold premiums in key Asian markets! #Gold #Bullion #Kilobar #Tariffs #Trade #Trump #Fed #Markets #Trade